Koppers Holdings(US:KOP) ZACKSยท2025-02-28 13:15Core Insights - Koppers Holdings Inc. reported a loss of $10.2 million or 50 cents per share for Q4 2024, compared to a profit of $12.9 million or 59 cents per share in the same quarter last year [1] - Adjusted earnings were 77 cents per share, an increase from 67 cents per share a year ago, but fell short of the Zacks Consensus Estimate of 91 cents [1] - Total revenues for the quarter were $477 million, down approximately 7% year over year, and also missed the Zacks Consensus Estimate of $497 million [2] Segment Performance - The Railroad and Utility Products and Services (RUPS) segment saw sales decline by around 0.4% year over year to $215.6 million, below the consensus estimate of $226.9 million [3] - The Performance Chemicals (PC) segment recorded sales of $147.9 million, down around 10% year over year, missing the consensus estimate of $160.9 million [4] - Sales from the Carbon Materials and Chemicals (CMC) division fell approximately 14% year over year to $113.5 million, also missing the consensus estimate of $127 million [5] Full-Year Results - For the full year 2024, Koppers reported earnings of $2.46 per share, down from $4.14 the previous year, with total sales declining around 3% year over year to approximately $2,092.1 million [6] Financial Position - At the end of 2024, Koppers had cash and cash equivalents of $43.9 million, a decrease of around 34% year over year, while long-term debt rose to $925.9 million, an increase of around 11% from the prior year [7] Future Outlook - Koppers anticipates sales for 2025 to be approximately $2.17 billion, with adjusted EBITDA expected to be around $280 million and adjusted earnings per share projected at $4.75 [8] - The company plans capital expenditures of roughly $65 million for the year and expects operating cash flows of around $150 million in 2025 [9] Stock Performance - Koppers' shares have declined by 48.3% over the past year, in contrast to a 7.6% decline in the Zacks Chemicals Diversified industry [10]